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20100228
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economic appointees, brank bren bernan bernanke, who was the chairman of economic advisers under bush, and henry paulson, a very decent guy, came to us, the democratic and republican leadership and said, we need to do this bill. otherwise you go back a step. on the tuesday of that week, mr. bernanke and mr. paulson came to us and informed us, didn't ask us, that they had decided to provide money to aig. that was a bush administration unilateral decision. they then came back two days later and said, would you vote on $700 billion? we said, well, here's what we'll do. because you've announced that the world will collapse if we don't do it. and i think they were right that there was terrible trouble. but when the two top presidential appointees come to tell you, if you don't do this publicly, there'll be a collapse, then there'll be a collapse, because confidence is so important. so we were the ones who insisted on putting some pay controls on there. you're going to have ken feinberg on later. we also said, no, you can't do the $700 billion all at once, you've got to do it in sections. i
Search Results 0 to 1 of about 2 (some duplicates have been removed)